10-26-2012 09:18 AM
I have a quick question for everyone. Is there any way to get hard inquiries removed from my report? They are all legitimate but I just would like to know of there was anyway to get them removed sooner than the 2 year drop-off.
Also, I am in the process of obtaining a mortgage, do you recomend waiting to try and get them removed until after my loan approval?
I already have the pre-approval but I dont want anything to be in dispute during the closing process.
10-26-2012 09:20 AM
They will continue to stay on your report for 2 years, only affecting your FICO scoring for 1. There are shady methods out there, but I would not suggest trying them. They have potential to cause you a lot of problems.
10-27-2012 02:49 PM
Googling inquiry bumping and following the steps will also screw up your CR. You can bump things off you don't want off, split your files, etc.
10-27-2012 03:01 PM
Permissible purpose=authority to receive your CR.
Coding of the inquiry as so-called "hard" or "soft" is not an issue covered or restricted under the FCRA, other than pulls to obtain your name and address for promotional offers of credit.
Disputes over hard-coding are near impossible to support under any provision of statute or regulation, provided the inquiree has provided the CRA with a legitimate permissible purpose. Disputes over any matters relating to inquiries are totally exempt from the direct dispute process, so must be made via the CRA.
With the CRA in possession of a stated permissible purpose, which the consumer does not even see, that kinda forcloses argument of failing to provide permissible purpose.
Not usually worth the time and hassle.
Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
* For complete information, see the terms and conditions on the credit card issuer’s website. Once you click apply for this card, you will be directed to the issuer’s website where you may review the terms and conditions of the card before applying. While myFICO always strives to present the most accurate information, we show a summary to help you choose a product, not the full legal terms - and before applying you should understand the full terms of products as stated by the issuer itself.
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more
FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.